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EDUCATION SECTOR

FUNDING

  • business plan contains many sections, and if you are looking for funding from outside sources, you will need to include the funding request.

  • You use the funding request section to provide information on your future financial plans, such as when and how much funding you might need.

  • Later, you can update this section when you need outside funding for business growth.

  • If you’re submitting just the funding request, you’ll need this information to help financial sources understand your money situation.

  • Provide financial details such as income and cash flow statements and balance sheets. Offer your projected financial information.

  • If you’re asking for a loan for which you’ll be offering collateral, include information about the asset. If the business had debt, outline your plan for paying it off.

  • Finally, share how you’ll pay the loan or what sort of return on investment (ROI) investors can expect by investing in your business.

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